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$179,000

NAL Estimated Property Value

505 Billy Lane, Little Elm, TX, 75068

Off MarketInfo
LeaseInfo
Beds2 Beds
Baths1 Bath
Baths980 Sq Ft
price_per_sqft$1.02 / sqft
Year BuiltBuilt in 1970

Highlights

Interior

Bedrooms 2Bedrooms 2
Bathrooms 1Bathrooms 1
AppliancesPlumbed For Ice Maker

Exterior

Lot Size4,996 sqft

Building Information

Year Built1970
Stories1

Land Information

APNR44696
Lot Number52
SubdivisionRocky Point
Land UseResidential
Legal DescriptionROCKY POINT LOT 52
Census Tract020115
Assessed Land Value$80,000
Assessed Improvement Value$9,645
Assessment Year2025

About this property

Price to lease!! 2 Bedroom and 1 full bath, Brand-new Flooring, good size front yard with Lake view.Easy walking distance from Lake Lewisville. Vacant ready to move in!

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$178/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$1,244
$89,645
2025
$80,000
$9,645
$89,645
No

Tax History

Year
Tax Paid
Assessed Value
2024
$1,244
$89,645

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
N/A
$179,000
100%
0%
$0/mo

Learn About the Market: Opportunity in Texas

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Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

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Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Little Elm

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505 Billy Lane | Property Details | No Agent List